A Country with Potential

Bangladesh continues with steady sovereign rating with stable outlook

Standard & Poor’s credit rating for Bangladesh stands at BB- with stable outlook. Moody’s credit rating for Bangladesh was the last set at Ba3 with stable outlook. Fitch’s credit rating for Bangladesh was last reported at BB- with stable outlook.

Bangladesh Ba3 rating reflects the country’s stable and healthy growth path and limited vulnerability to fiscal & external funding stresses. Under an Extended Credit Facility (ECF) program with the International Monetary Fund (IMF) that began in 2012, the government has progressed considerably in the implementation of structural reforms.

Growth performance in Bangladesh has been strong the past few years, bolstered by efforts to reduce long standing infrastructure bottlenecks, particularly power generation, and aided by accommodative policies. Despite global uncertainties, near-term prospects remain favorable, supported by resilient garments exports, a more reliable electricity supply & consumption-boosting remittance inflow.

Bangladesh has a strategically important location, with easy excess to India & China. With low cost, young workforce, investment in export processing zones and strong local market, the outlook for the country looks promising.

Bangladesh is named as one of the “Frontier Five” countries alongside Kazakhstan, Kenya, Nigeria & Vietnam.

The next 11 countries generally have the capacity to deliver sustained growth. The scale and potential for Bangladesh is obvious. A population of 150 million, strong demographics, hard-working people and the early signs of emerging middle class. Bangladesh is included in the “Next 11 countries to watch”. Bangladesh is included in the “Next 11 countries to watch”.

Bangladesh will be one of the top 30 economics by 2050 growing faster than the likes of China, Indonesia, Pakistan, Malaysia & Thailand.

ABOUT OUR COMPANY

Capital Logistics Limited is a group of highly trained and skilled individuals who have more than 26 years of trade expertise from different MNCs like DHL and nationally reputed logistics firm, Trade Clippers Cargo, have stepped into the logistics market with their experience, knowledge, good management practice and operational excellence.